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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: FawnVu who wrote (2319)1/2/1999 9:41:00 PM
From: Druss  Read Replies (1) | Respond to of 122087
 
Fawn--Are options going to be available too?
That can be bullish on the short term.
All the Best
Druss



To: FawnVu who wrote (2319)1/2/1999 11:28:00 PM
From: profit_guy  Read Replies (1) | Respond to of 122087
 
Fawn,

Remember, that by some strange coincidence (a little sarcasm) it seems that the underwriters of the IPO happen to upgrade the IPO just as the quiet period ends and the stock becomes shortable. Recall EBAY - it took one of underwriters 18 minutes after the quiet period ended for them to raise the target price of EBAY to $55, then shortly after another underwriter of the IPO raised the target to $70, then a few more days past and the target was raised to $150. The rest is history and so were those who shorted EBAY. Talk about conflict of interest, but I guess that is their way of protecting the stock. Be careful shorting UBID and TMCS for awhile.

profit_guy




To: FawnVu who wrote (2319)1/3/1999 2:54:00 AM
From: SAMS BONE  Respond to of 122087
 
Fawn, I've had a short signal on AMZN since dec 29 @ the close.
I use trade station and the system I use is back tested over 2 yrs.
1084% profit, and is right 79% of the time (8 out of 10 trades)

add to that amzn stayed strong into the end of the year and I think you will see profit taking starting monday (extending the capital gains till tax year 2000)after that big of an increase in two months,and the ability to sell now with a year to pay taxes, AMZN comes down to 110 to 120 (split adjusted of course)IMO, the best way to play this is either; 1 buy the feb or mar 320 puts or 2; sell naked
feb 300 calls
john